Fake Vuitton, Prada and Versace: Yintang Cao & Hong Zhang Had 14,000 Counterfeit Luxury Items
When you get a really good price on luxury goods, it's best to check those goods closely. And if you bought them from Yintang Cao or Hong Zhang, well, welcome to the world of Rotex watches.
Sure, sure it's Prada. Really.
Cao, 48, and Zhang, 46, entered guilty pleas this morning in connection with their having more than 14,000 items of counterfeit luxury goods, which is a whole lot of fake stuff.
Among the fake labels, according to the U.S. Attorney's Office: Coach, Dolce & Gabbana, Louis Vuitton, Prada and Versace.
The pair "admitted they knowingly used counterfeit marks on and in connection with such goods, identical to and substantially indistinguishable from genuine marks, the use of which was likely to cause confusion, mistake and to deceive," the USAO said.
The arrests came after what the USAO said was an "intensive investigation" by Homeland Security Investigations.
The pair entered guilty pleas to charges of counterfeiting and face up to ten years in federal prison as well as a $2 million fine.
They've been allowed to stay free on bond until the sentencing in August.